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Pulsar Helium Reports Pressurized Gas Encounter at Jetstream #7 at the Topaz Helium Project, USA
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBL...
About this update from Pulsar Helium, Inc.
[{"type":"text","content":"Pulsar Helium Reports Pressurized Gas Encounter at Jetstream #7 at the Topaz Helium Project, USA\nTHIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR TO BE TRANSMITTED, DISTRIBUTED TO, OR SENT BY, ANY NATIONAL OR RESIDENT OR CITIZEN OF ANY SUCH COUNTRIES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION MAY CONTRAVENE LOCAL SECURITIES LAWS OR REGULATIONS. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE UK VERSION OF REGULATION (EU) NO. 596/2014 ON MARKET ABUSE, AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AND REGULATION (EU) NO. 596/2014 ON MARKET ABUSE. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION. CASCAIS, Portugal, March 04, 2026 (GLOBE NEWSWIRE) -- Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) (“Pulsar” or the “Company”), a primary helium company, is pleased to announce that the Jetstream #7 appraisal well at the Company’s flagship Topaz Project in Minnesota, USA has intersected a pressurized gas zone. The gas zone was encountered at a depth of approximately 2,107 feet (642 meters) with a preliminary bottom-hole pressure of approximately 953 pounds per square inch (psi). Visible gas influx was observed during drilling operations, confirming a strongly pressurized system. The Jetstream wells continue to maintain a 100% success rate of intersecting pressurized gas. Highlights: Jetstream #7 gas encounter: Gas was encountered at approximately 2,107 feet (642 meters) with a preliminary bottom-hole pressure of approximately 953 psi, indicating a robustly pressurized reservoir system at greater depth relative to previous wells.Higher pressure at depth: The significantly higher bottom-hole pressure encountered at Jetstream #7 further supports the presence of an active and laterally extensive gas-bearing system within the Topaz structure.Drilling progress: Drilling is ongoing using continuous HQ core drilling (3.8 inch (96.0 millimeter) hole diameter) to ma...